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Question Content Area Mason Corporation had $1,198,000 in invested assets, sales of $1,276,000, income...

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Accounting

Question Content Area
Mason Corporation had $1,198,000 in invested assets, sales of $1,276,000, income from operations amounting to $220,000, and a desired minimum rate of return of 12%.
Round the percentage to one decimal place.
The profit margin for Mason Corporation is
a.12.0%
b.93.9%
c.18.4%
d.17.2%

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